"In stark contrast to the wide-open, fast-paced world of the computer, the telephone sector has had a long history of stagnation and scarcity, driven by heavy regulation. Deregulation has brought spectacularly lower long-distance rates - but much of the sector remains regulated. And the latest battle in Congress is a perfect example of what's wrong with regulated markets."

FULL STORY @ OSOPINION(http://www.osopinion.com/Opinions/JamesGlassman/JamesGlassman13.html)